NEW YORK, Oct 5- Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday. "In New York, we are continuing to move forward on licensing and chartering virtual currency...» Read More
Neo Teng Hwee, MD, CIO & Head of Investment Products & Advisory at UOB Private Bank, says Beijing's recent intervention is at odds with its structural reforms.
BRASILIA, July 15- Brazil's investigation of an alleged currency cartel formed by 15 of the world's largest banks could expand to more financial institutions but it is unlikely to result in trading bans, the head of antitrust watchdog Cade told Reuters on Wednesday. Vinicius Carvalho, making his first public comments on the investigation, said the case was...
Jian Chang, Chief China Economist at Barclays, is anticipating an upside surprise for June industrial output.
Julian Evans-Pritchard, China Economist at Capital Economics, explains the relationship between a falling stock market and economic growth.
Ed Ponsi, Managing Director at Barchetta Capital Management, believes the common currency will remain in the 1.05-1.13 range against the greenback.
The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. American Honda Finance Corporation said in a statement that it opposed discrimination. According to the complaint, Honda charged thousands of...
Jonathan Cavenagh, Senior FX Strategist at Westpac, says the euro could hit 1.05 or 1.06 per dollar over the next two to three months.
John Calverley, Head, Global Thematic Research at Standard Chartered, warns of looming trouble in Greek politics.
Lindsey Piegza, Chief Economist at Stifel Fixed Income, says getting the Greek population on board with Monday's bailout plan will require "extreme political maneuvering."
Guillaume Chatain, Executive Director and Head of Equity Solutions at JP Morgan Private Bank, expects Athens to seek changes to Monday's bailout deal over the next couple of months.
Patrick Basham, Director at the Democracy Institute, says Clinton's populist speech on Monday "threw a lot of red meat at the liberal center-left base of the party."
Jason Brady, Head of Fixed Income & Managing Director at Thornburg Investment Management, doesn't expect the Greek citizens to willingly accept the new harsh measures outlined in the bailout deal.
John Canally, Investment Strategist and Economist at LPL Financial, explains why Greece still faces long-term structural problems.
Rahul Chadha, Co-Chief Investment Officer at Mirae Asset Global Investments Hong Kong, is confident both creditors and Athens can reach a compromise.
Xavier Denis, Global Strategist at Societe Generale, expects a deadline to be set on Wednesday due to a fundamental lack of trust between creditors and Athens.
Mark Melatos, Senior Lecturer at the University of Sydney's School of Economics, explains why a 5-year exit from the common currency isn't likely for Greece.
Dominic Schnider, Head of Commodity & APAC Forex at UBS Wealth Management, explains his optimism even as an emergency summit in Brussels continues into Monday.
Malcolm Wood, Chief Investment Strategist for Australia at Bank of America Merrill Lynch, says global financial and trade exposure to Greece are much lower from previous years, so risks are limited.
Robert Kahn, Senior Fellow for International Economics at the Council on Foreign Relations, says Germany purposely proposed the idea of a 'time-out' to provoke debate and maintain their tough stance.
Greece has submitted a package of reform proposals to its euro zone creditors. Tasos Telloglou, TV Presenter and Investigative Journalist at Star Channel, has more from Athens.